B. Riley lowered the firm’s price target on Montauk Renewables (MNTK) to $3 from $4 and keeps a Neutral rating on the shares. The Q4 miss largely reflected Montauk’s decision to carry 2024 D3 Renewable Identification Numbers into 2025 due to price volatility, the analyst tells investors in a research note.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MNTK: